15 January 2019

Welcome to Market Brief, the Electricity Authority’s weekly update on regulatory and market developments.

Contents

Submissions published: Market enhancement omnibus

In September 2018, we released our first market enhancement omnibus (omnibus). The omnibus contained four papers: two issue papers and two consultation papers. We have now published the submissions received for three of the four papers:

  • Access to WITS and the registry
  • Integrating hosting capability into Part 6 of the Code
  • Switch process review.

We expect to publish the submissions received for the review of metering and related registry processes in February.

Back to top Back to top

Submissions published: Second EIEP consultation paper

We have published submissions in response to our second consultation paper proposing further operational amendments to Electricity Information Exchange Protocols 1 and 5A (EIEPs). We consulted on:

  • an EIEP1 reporting methodology that traders would be required to use for providing detailed volume and billing information to distributors to support billing of network charges, as appropriate to interposed and conveyance arrangements
  • an optimal delivery mechanism for EIEP5A planned service interruption information provided by distributors to traders.

The submissions are published on our website.

Back to top Back to top

Consultation period extended: Review of regulatory settings for official conservation campaigns

We are consulting on the regulatory settings for official conservation campaigns.

In response to stakeholder feedback we have decided to extend the consultation period by a week, to allow more time for responses following the summer break. The consultation will now close at 5pm on Monday, 11 February 2019. 

This review is being co-ordinated with Transpower’s consultation on its review of the security of supply forecasting and information policy. Transpower’s consultation will still close at 5pm on Monday, 4 February 2019. The staggered deadlines will allow time for stakeholders to focus on the consultations individually.

Back to top Back to top

Updated drafts of the Default Distributor Agreement material

The Authority has published updated drafts of the Default Distributor Agreement (DDA) material, for the information of interested parties. 

On 8 February 2019, the Authority will provide the draft DDA template and Part 12A to the Court of Appeal as part of an ongoing case initiated by Vector and Entrust. So that all interested parties have access to the same information, we have published these two documents and the associated draft DDA consultation paper on our website. This material is provided for information only and is not part of a formal consultation. 

We will continue developing the DDA proposal, consistent with our statutory objective, and will consult on a further version in the near future, once we have the final decision of the Court of Appeal.

Back to top Back to top

Update to distributed unmetered load statistical sampling guideline

The methodology for statistical sampling of distributed unmetered load (DUML) is set out in a guideline. The main type of DUML is street lighting, but there are other types.

The Authority has updated the guideline to:

  • provide additional guidance on sampling of different strata of DUML
  • describe the accuracy of a database in terms of the higher and lower limits of point estimate.

Traders responsible for DUML, and DUML auditors have been contacted directly regarding the changes.

Back to top Back to top

Alternative to use of AS/NZS 1284

In accordance with clause 16(2)(a)(ii) of Schedule 10.7 of the Electricity Industry Participation Code (Code), we have approved and published a simplified statistical recertification process for MEPs who, despite best endeavours, did not inspect sufficient category 1 metering installations for the 2017 calendar year, and where the results of those inspections did not show any concerns about the integrity of the population.

This process follows AS/NZS 1284, with a smaller sample size and limited certification period.

Back to top Back to top

IPAG and MDAG joint meeting papers published

We have published the papers from a joint meeting of the Innovation and Participation Advisory Group (IPAG) and the Market Development Advisory Group (MDAG), which was held before the Authority published its 2018/19 work programme.

The IPAG and the MDAG met jointly to provide input into the Authority’s 2018/19 work programme planning process.

Back to top Back to top

Reminder: Information disclosure provisions

The Authority would like to remind participants of their obligation to make disclosure information available when they become aware of it.  ‘Disclosure information’ is information that: could have a material impact on prices in the wholesale market, is about the participant and is held by them.   
 
To help participants better understand and comply with their obligations under the information disclosure provisions we have published guidelines and other information on our website here.
 
We also remind participants that the Electricity Industry (Enforcement) Regulations 2010 require participants to report alleged breaches of the Code to the Authority. Any person who believes an industry participant has breached the Code must report the alleged breach as soon as possible. The process for reporting breaches is explained on our website. 

Back to top Back to top

Reminder: Call for nominations for the Security and Reliability Council

We are calling for nominations for three members of the Security and Reliability Council (SRC). The SRC provides us with independent advice on reliability of supply issues, and on the performance of the electricity system and the system operator. The SRC comprises senior members of the New Zealand electricity industry, including consumers.

We are particularly interested in nominations from people who have experience in governance or management roles responsible for: 

  • electricity generation, particularly hydro, wind, or thermal
  • industrial businesses, especially businesses connected directly to the national grid.

We intend to appoint the successful nominees in March 2019, for an expected term of three years.

More information, including the nomination form, is available on our website.

Back to top Back to top

Current consultations

Review of regulatory settings for official conservation campaigns – deadline extended

We are consulting on the regulatory settings for official conservation campaigns. This review is being co-ordinated with Transpower’s consultation on its review of the security of supply forecasting and information policy.

Started: 11/12/2018; Ending: 11/02/2019 5pm

More efficient distribution prices consultation

We are reviewing the principles for distribution pricing to clarify our expectation that the price anyone pays reflects the costs of the electricity distribution service they are getting.

Started: 11/12/2018; Ending: 19/02/2019 5pm

Consultation calendar

Download and view our high-level consultation calendar (PDF)

Back to top Back to top